Hoosiers know Carl Fisher as a pioneering automotive entrepreneur and the co-founder and first president of Indianapolis Motor Speedway. He's also responsible for turning a bug-infested Florida swampland into the posh Miami Beach.

Fisher designed and built the Miami Yacht Club in 1924, the land was later split in two and the clubhouse was turned into a private residence. The 20,000-square-foot Star Island mansion features 10 bedrooms and 10 full and 2 half baths on 1.41 acres with extensive views of Biscayne Bay. The home was completely renovated in 2017 and is for sale through Sotheby's International Realty for the first time in 30 years.

The estate is priced at $65 million. If you prefer to stretch out the payments over 30 years, it's a mere $300,000 a month.

Carl Fisher, in 1909(Photo: George Grantham Bain Collection)

A 1926 hurricane and the stock market crash three years later collapsed Miami Beach's real estate market and with it Fisher's $50 million fortune. He was bankrupt.

Fisher sold his interest in the Indianapolis Motor Speedway to World War One fighter ace and race-car driver Eddie Rickenbacker in 1927 to raise money for another of his ambitions: to develop Montauk, N.Y., on Long Island as the "Miami Beach of the North." The Great Depression destroyed that dream, too.

Fisher turned to alcohol and womanizing during his unhappy second marriage. The grateful folks of Miami Beach gave him a stipend of $500 a month to live in a small Miami home. He died at age 65 from cirrhosis of the liver on June 15, 1939.